Commodity ratio · live
Iron Ore to Gas Oil Ratio
The iron ore to gas oil ratio is 0.08040 — Iron Ore at $101.60 per Metric Ton divided by Gas Oil at $1,263.70 per 100 Tonnes.
Prices as of Aug 24, 2026, 12:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Gas Oil ratio
1.000 T of iron ore = 0.08040 100 T of gas oil
Inverse (LGO/IORECR): 12.44 — one 100 Tonnes of gas oil buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Gas Oil
$1,263.70
per 100 Tonnes
Unit basis: USD per Metric Ton ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 12:15:37 GMT.
Iron Ore to Gas Oil ratio charts
Pick a range once — it applies to the IORECR/LGO ratio line, the OHLC candles and the Iron Ore / Gas Oil price chart below.
IORECR/LGO ratio line
How many 100 T of Gas Oil one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/LGO over 1Y. Try a longer range.
IORECR/LGO ratio candles
Open, high, low and close of the IORECR/LGO ratio for each period in the last 1Y.
No overlapping history for IORECR/LGO over 1Y. Try a longer range.
Iron Ore and Gas Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore to gas oil ratio
Iron Ore to Gas Oil ratio = Iron Ore price per Metric Ton ÷ Gas Oil price per 100 Tonnes
The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Metric Ton of iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $1,263.70 = 0.08040. The inverse is 12.44.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the iron ore to gas oil ratio today?
The iron ore to gas oil ratio is 0.08040 — Iron Ore at $101.60 per Metric Ton divided by Gas Oil at $1,263.70 per 100 Tonnes, from live mid-market prices.
How do you calculate the iron ore to gas oil ratio?
Divide the iron ore price per Metric Ton by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Metric Ton of iron ore.
What is the inverse of the iron ore to gas oil ratio?
The inverse, gas oil to iron ore, is 12.44 — how many Metric Tons of iron ore one 100 Tonnes of gas oil buys.